Whales certainly affect the Bitcoin market. I don't think they control it completely. It's a complex economy because the HODLers don't really affect it. As long as they hold onto their coin it is a hedge against volatility. It's when certain whales--and I think John McAfee is likely one of them--drop huge dollars into the pool, that's when you see the price start to move. And when they remove it, it goes the other direction. In that sense, they influence the market. But what happens on a bull, or bear run, is non-whale investor sentiment takes over. A smart whale can drop big dollars in and watch what happens, then sell out at the top of the market and watch it fall again. In that sense, there may be some limited control, but it's not total control because all other investors can choose to get in or out. Mass sentiment on the extreme can move the market the same way one whale can.